SANTA MONICA, Calif., Feb. 17, 2016 (GLOBE NEWSWIRE) -- Lightlake Therapeutics Inc. (OTCQB:LLTP), a specialty pharmaceutical company developing pharmacological treatments for substance use, addictive and eating disorders, announced that it has changed the company name to Opiant Pharmaceuticals, Inc. (“Opiant”).

“2015 was a transformational year for our company driven by our partner’s approval of our first product now branded as NARCAN® Nasal Spray,” said Roger Crystal, M.D., Chief Executive Officer of Opiant. “Therefore, we viewed this transformation as an opportunity to give the company a name that better represents our historical core focus of opioid antagonist treatments.”

About Opiant Pharmaceuticals, Inc.

Opiant Pharmaceuticals, Inc., is a specialty pharmaceutical company developing pharmacological treatments for substance use, addictive and eating disorders. Over 45 million people in the U.S. have one of these disorders. The National Institute on Drug Abuse (NIDA), a division of the National Institutes of Health (NIH), describes these disorders as chronic relapsing brain diseases which burden society at both the individual and community levels. With its innovative opioid antagonist nasal delivery technology, Opiant is positioned to become a leader in these treatment markets. Its first product, NARCAN® Nasal Spray, is approved for marketing in the U.S. by the company’s partner, Adapt Pharma Limited. Currently, Opiant is developing opioid antagonists for the treatment of substance use, addictive and eating disorders, with a near term focus on cocaine use disorder and binge eating disorder (BED). For more information please visit: www.opiant.com.

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